Factors Causing Fluctuations in Residential Land Prices: A Case Study in Tu Son City, Vietnam

Nguyen Dinh Trung ()
Additional contact information
Nguyen Dinh Trung: Vietnam National University of Agriculture

International Real Estate Review, 2024, vol. 27, issue 3, 413-440

Abstract: The study aims to determine the degree of impact of residential land price fluctuations and discuss policy implications for more effective management of land prices. Through a two-step survey, we survey land price experts to determine the factors that influence land price fluctuations. A model of influencing factors is evaluated based on testing criteria. Twenty-four factors from 8 groups of factors cause land price fluctuations. The impact rate of the different groups of factors ranges from 4.41% to 24.77%. Their impact index ranges from 2.55 to 4.71. The group of factors related to the COVID-19 pandemic has the most significant impact rate and impact index. The factors related to investment in building infrastructure have the lowest impact rate and impact index. To manage land prices and the real estate market well, it is necessary to pay attention to the factors that have stronger impacts first, and then the weaker ones.

Keywords: Factors; Fluctuations; Land prices; Tu Son City; Vietnam (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.gssinst.org/irer/wp-content/uploads/202 ... and-Prices-Trung.pdf Full text (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ire:issued:v:27:n:03:2024:p:413-440

Ordering information: This journal article can be ordered from
Global Social Science Institute, 9200 Corporate Blvd., Suite 420 Rockville, MD 20850
https://www.gssinst.org/gssinst/index.html

Access Statistics for this article

International Real Estate Review is currently edited by Professor Sing Tien Foo and Professor Ko Wang

More articles in International Real Estate Review from Global Social Science Institute Global Social Science Institute, 9200 Corporate Blvd., Suite 420 Rockville, MD 20850.
Bibliographic data for series maintained by IRER Graduate Assistant/Webmaster ().